Streetbeat News

Stock Prices

FLEX

Craig-Hallum analyst Christian Schwab downgrades Flex (NASDAQ:FLEX) from Buy to Hold and lowers the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:51 pm

AAPL

QCOM

QQQ

SPY

The stock market rally initiated by Powell's dovish stance has reversed, with The Arora Report's caution proving accurate. Ahead are Apple's earnings and a significant jobs report, with mixed expectations for Apple due to challenges in China and competition from Huawei. Money flows are positive for major tech stocks and ETFs like SPY and QQQ, with the momo crowd buying aggressively. Significant selling in gold and oil was noted, while Bitcoin sees buying on dovish Powell sentiments.

Portfolio Pulse from The Arora Report

May 02, 2024 | 4:50 pm

MOS

Investors have shown a bearish stance on Mosaic (NYSE:MOS) through significant options trading, with a split sentiment of 37% bullish and 50% bearish. Uncommon options trades were detected, indicating potential insider knowledge of future price movements. The trades focus on a price band between $20.0 and $44.75. Mosaic, a major phosphate and potash producer, saw its stock price drop by -5.73% to $28.21, with indicators suggesting it may be oversold. The next earnings report is expected in 89 days.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 4:48 pm

HVT

Haverty Furniture shares are trading lower following the announcement of Q1 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:46 pm

XRAY

Dentsply Sirona Inc. (NASDAQ:XRAY) shares fell over 4% after Q1 results showed earnings per share in line with expectations but revenue missed forecasts. Sales declined 2.6% YoY, with mixed performance across segments. The company maintained its 2024 outlook but expects results at the lower end of its guidance due to macroeconomic factors and revised its reported sales forecast due to currency headwinds.

Portfolio Pulse from Nabaparna Bhattacharya

May 02, 2024 | 4:46 pm

NYMT

New York Mortgage Trust's shares declined following the announcement of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:45 pm

ERII

Energy Recovery shares are trading lower following the announcement of Q1 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:43 pm

PACK

Ranpak Holdings' shares dropped following the announcement of disappointing Q1 financial results, falling short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:43 pm

PFE

Pfizer's stock is trading higher following its announcement of better-than-expected Q1 financial results. The positive momentum is further supported by Josh Brown's bullish call on CNBC.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 4:42 pm

NCLH

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares fell after Q1 earnings, with analysts noting the company's guidance raise fell short of high expectations. Despite stronger demand in the industry, the modest increase in 2024 EBITDA and net yield guidance did not meet analyst expectations. Goldman Sachs, Bank of America Securities, Truist Securities, and JPMorgan analysts maintained Neutral or Hold ratings, with price targets ranging from $19 to $20. The company's net yield guidance increase and the all-time high booked position for 2024 were highlighted, but the deceleration in net per diem in Q4 was seen as a key negative.

Portfolio Pulse from Priya Nigam

May 02, 2024 | 4:41 pm